Analyst news

• Global markets take as hit on Chinese downturn, Nasdaq dives 2.2 per cent

  20-09-2021 23:37 via abc.net.au
  
  The Australian share market is set to drop on opening today, a day after it had its worst one-day fall since February and as global markets take a hit on sell-off fears.
  
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• Global markets take a hit amid fears of Evergrande 'contagion', with ASX following

  20-09-2021 23:37 via abc.net.au
  
  The Australian share market drops on open, with fears the potential collapse of Chinese property developer Evergrande is having a "contagion" effect on global markets.
  
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• Global markets take a hit amid fears of Evergrande 'contagion', with ASX 200 set to follow

  20-09-2021 23:37 via abc.net.au
  
  The Australian share market is set to drop on opening today, with fears that the potential collapse of Chinese property developer Evergrande is having a "contagion" effect on global markets.
  
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• Global markets take a hit amid fears of Evergrande 'contagion', but ASX is cruising

  20-09-2021 23:37 via abc.net.au
  
  The ASX 200 is defying global sentiment as it cruises on Tuesday, after international markets trended down overnight on fears the potential collapse of Chinese property developer Evergrande would have a "contagion" effect.
  
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• Global markets take a hit amid fears of Evergrande 'contagion', but ASX ends up

  20-09-2021 23:37 via abc.net.au
  
  The ASX 200 defies global sentiment to make a gain on Tuesday, despite international markets trending down on fears the potential collapse of Chinese property developer Evergrande would have a "contagion" effect.
  
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• Carbon credits set to boom as Queensland graziers make landmark deal

  20-09-2021 22:57 via abc.net.au
  
  Central Queensland will host the first carbon credit project under the state government's Land Restoration Fund, but what's in it for landholders?
  
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• JobKeeper a $6.8b 'sugar hit' for firms with more than $10m turnover

  20-09-2021 22:03 via abc.net.au
  
  About $6.2 billion in JobKeeper wage subsidies were paid to businesses with more than $10 million in turnover that did not experience a minimum 30 per cent fall in turnover in the six months of the scheme, annalysis of Parliamentary Budget Office data shows.
  
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• JobKeeper a $6.2b 'sugar hit' for larger businesses that didn't take a big revenue hit during the pandemic

  20-09-2021 22:03 via abc.net.au
  
  Although the government and Tax Office continue refusing to release data about individual companies that claimed JobKeeper, data compiled by the Parliamentary Budget Office is shedding some light on how much went to larger companies that grew profits.
  
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• JobKeeper a $6.2b 'sugar hit' for firms with more than $10m turnover

  20-09-2021 22:03 via abc.net.au
  
  About $6.2 billion in JobKeeper wage subsidies were paid to businesses with more than $10 million in turnover that did not experience a minimum 30 per cent fall in turnover in the six months of the scheme, analysis of Parliamentary Budget Office data shows.
  
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• JobKeeper a $6.2b 'sugar hit' for bigger businesses that grew profits in the pandemic

  20-09-2021 22:03 via abc.net.au
  
  Although the government and Tax Office continue refusing to release data about individual companies that claimed JobKeeper, data compiled by the Parliamentary Budget Office is shedding some light on how much went to larger companies that grew profits.
  
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• 'It's the public's money': Outrage grows as $6.2b JobKeeper 'sugar hit' for bigger businesses revealed

  20-09-2021 22:03 via abc.net.au
  
  Although the government and Tax Office continue refusing to release data about individual companies that claimed JobKeeper, data compiled by the Parliamentary Budget Office is shedding some light on how much went to larger companies that grew profits.
  
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• 'It's been a domino effect': Bitcoin Babe was denied at 91 banks. She's not alone

  20-09-2021 21:49 via abc.net.au
  
  A senate inquiry hears the nation needs to act quickly to protect the one in six Australians who own cryptocurrency, and to stop entrepreneurs moving overseas.
  
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• Bitcoin Babe was banned from 91 banks. An inquiry is trying to stop that happening

  20-09-2021 21:49 via abc.net.au
  
  A senate inquiry hears the nation needs to act quickly to protect the one in six Australians who own cryptocurrency, and to stop entrepreneurs moving overseas.
  
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• Bitcoin Babe was banned from 91 banks. A senate inquiry is trying to stop that happening to other cryptocurrency businesses

  20-09-2021 21:49 via abc.net.au
  
  A senate inquiry hears the nation needs to act quickly to protect the one in six Australians who own cryptocurrency, and to stop entrepreneurs moving overseas.
  
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• Sickies go legit: 'Doona days' are becoming the norm, but that alone won't stop burnout

  20-09-2021 21:00 via abc.net.au
  
  Mental health days have become the norm in the corporate world, but as the pandemic takes its toll on essential workers experts say there's still a long way to go in addressing burnout.
  
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• Could a Chinese company collapse trigger another global financial crisis? Here's what the experts say

  20-09-2021 20:57 via abc.net.au
  
  It was once a darling of China's booming property sector, but share markets around the world now watch in horror as Evergrande threatens to sink. 
  
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• Beijing decided to burst China's property bubble. Now the world's most indebted company is teetering

  20-09-2021 20:57 via abc.net.au
  
  It was once a darling of China's booming property sector, but share markets around the world now watch in horror as Evergrande threatens to sink. 
  
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• WA Nat politician's TV business goes under

  20-09-2021 19:30 via businessnews.com.au
  
  State shadow minister James Hayward’s media company FIREY Productions has voluntarily entered liquidation, owing more than $300,000 in taxes.
  
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• Two week shutdown of construction industry expected following violent Melbourne protests

  20-09-2021 12:25 via abc.net.au
  
  Violent protests in Melbourne's CBD may trigger a complete shutdown of all construction work in the city.
  
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• Construction industry to shut down for two weeks following violent Melbourne protests

  20-09-2021 12:25 via abc.net.au
  
  Violent protests in Melbourne's CBD have triggered a complete shutdown of all construction work in the city.
  
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• Construction industry shut down for two weeks following violent Melbourne protests

  20-09-2021 12:25 via abc.net.au
  
  Violent protests in Melbourne's CBD have triggered a complete shutdown of all construction work in the city.
  
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• Vaccine supply problem solved: minister

  20-09-2021 11:00 via businessnews.com.au
  
  The federal government has ruled out concerns Australia's Pfizer supplies could face a shortfall next month.
  
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• At Close of Business: Mark Beyer on Dale Alcock

  20-09-2021 10:28 via businessnews.com.au
  
  On today's episode of At Close of Business, senior editor Mark Beyer reflects on his recent conversation with Dale Alcock.
  
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• EPA to assess West Erregulla proposal

  20-09-2021 10:07 via businessnews.com.au
  
  Strike Energy’s plan to extract gas in the Perth Basin will be subject to a review by the EPA, as the company's $2.3 billion Geraldton urea plant proposal passes another milestone.
  
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• Nuheara rings win in US tech award

  20-09-2021 10:05 via businessnews.com.au
  
  Nuheara has been picked as the 2021 company of the year by the United States’ Consumer Technology Association.
  
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• Wood hopes offshore AI saves

  20-09-2021 09:53 via businessnews.com.au
  
  Wood Group has developed an artificial intelligence program to speed up inspection work on offshore oil and gas assets.
  
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• Panel to evaluate CBH board hopefuls before vote

  20-09-2021 09:47 via businessnews.com.au
  
  CBH Group has appointed former RAC chief executive Terry Agnew and recruitment specialist Suzanne Ardagh to a panel to assess potential board candidates.
  
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• Financial planning industry shrinks

  20-09-2021 09:45 via businessnews.com.au
  
  The three-year long shrinkage in the financial planning industry has continued, with advisers at bank-owned groups leading the fall.
  
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• ASX posts biggest loss since February

  20-09-2021 09:45 via businessnews.com.au
  
  Australia's share market has recorded its steepest fall since February as falling iron ore prices ruined miners and Chinese property giant Evergrande teetered on collapse.
  
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• Palmer urged to stop WA legal action

  20-09-2021 09:30 via businessnews.com.au
  
  Premier Mark McGowan has urged Clive Palmer to discontinue legal action against himself and the state, as the costs continue to mount.
  
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• Tide is high for Water Corp

  20-09-2021 08:59 via businessnews.com.au
  
  State-owned Water Corporation posted an $876 million surplus in the year to June, four years after regulators recommended big cuts to its prices.
  
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• BlueScope's climate change boss warns green steel still decades off

  20-09-2021 08:40 via abc.net.au
  
  Addressing investors for the first time in her new role, Gretta Stephens says breakthrough technologies that will allow the company to transition to green steel production are not likely to be available until the 2040s.
  
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• Northern Territory offers travel vouchers to entice fully vaccinated tourists

  20-09-2021 08:16 via abc.net.au
  
  In an Australian first, a new $5 million Tourism NT campaign discounting travel in the Territory for interstate visitors will only be available to tourists fully vaccinated against COVID-19.
  
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• Swanbourne site confirmed for $25m hospice

  20-09-2021 08:07 via businessnews.com.au
  
  The state government has handed over 5,000 square-metres of Crown land in Swanbourne to facilitate the development of a $25 million children’s hospice.
  
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• Skills shortages budget’s Achilles heel

  20-09-2021 08:00 via businessnews.com.au
  
  There is a lot of headroom built into WA’s budget finances from 2022 and beyond, writes Alan Duncan.
  
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• Pearl Gull lists after $4m raise

  20-09-2021 08:00 via businessnews.com.au
  
  Pearl Gull Iron has had a quiet start to its first day of trading, as it continues to explore its tenements on Cockatoo Island, off the coast of NSW.
  
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• CITIC confirms workplace death

  20-09-2021 07:45 via businessnews.com.au
  
  State government regulators have commenced an investigation into the death of a 52-year old maintenance worker at the Sino Iron project in the Pilbara.
  CITIC Pacific Mining confirmed the death, saying it was a result of injuries sustained from an apparent fall at the site on Friday 17 September.
  
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• Questions raised over $25 million grant request intended to keep timber company afloat

  20-09-2021 06:40 via abc.net.au
  
  WA's largest employer of timber industry workers says a $25 million grant request was not meant to be made public.
  
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• Parkside timber's plea for $25m 'evidence' industry knew future was in doubt, WA minister says

  20-09-2021 06:40 via abc.net.au
  
  WA's largest employer of timber industry workers says a $25 million grant request was not meant to be made public.
  
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• Gold Coast councillor unaware public park was leased to developer

  20-09-2021 06:38 via abc.net.au
  
  A Gold Coast City Councillor is seeking a 'please explain' from council officers after a second Main Beach park was leased to high-rise developers needing more space during construction.
  
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• Vaccine clinic at Perth Royal Show

  20-09-2021 06:00 via businessnews.com.au
  
  A walk-in COVID-19 vaccination clinic will be established at the Perth Royal Show, with Premier Mark McGowan urging people to take the opportunity to get the jab.
  
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• Prepaid power concerns for remote Aboriginal communities

  20-09-2021 05:41 via abc.net.au
  
  SA's peak body for essential services has expressed serious concerns about an SA government scheme to make remote Aboriginal residents prepay for electricity, and wants it scrutinised by a parliamentary committee.
  
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• Pilbara on federal hydrogen list, Mid West misses

  20-09-2021 05:00 via businessnews.com.au
  
  The Pilbara is one of seven sites nationally identified as a prospective hydrogen hub, but not the Mid West.
  
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• Hydrogen energy hubs receive $150m boost

  20-09-2021 05:00 via businessnews.com.au
  
  Two hydrogen energy hubs will receive $150 million in federal funding as the government throws more weight behind the industry.
  
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• Austin wins $30m in contracts

  20-09-2021 04:00 via businessnews.com.au
  
  David Singleton-led Austin Engineering has won a suite of new contracts, including with NRW Holdings and Perenti Global.
  
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• Paradise back as historic name returns to K'gari Fraser Island

  20-09-2021 03:56 via abc.net.au
  
  The world's largest sand island is returning to its First Australian origins, with Fraser Island being renamed K'gari.
  
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• Transurban to control WestConnex; ASX falls as iron ore slump hits miners

  20-09-2021 03:40 via abc.net.au
  
  Miners have been leading losses on the market in early trade. Toll road operator Transurban will pay $11.1 billion for full control of WestConnex, while powergrid owner AusNet receives a $9.6 billion takeover offer.
  
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• ASX dives 2pc in worst session since February as iron ore slump hammers miners

  20-09-2021 03:40 via abc.net.au
  
  The ASX 200 lost 2.1 per cent this session, its worst one-day percentage fall in seven months. Iron ore miners led the falls, with BHP, Rio Tinto and Fortescue shares all weighing on the market.
  
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• Porter could return to frontbench: Barnaby

  20-09-2021 02:30 via businessnews.com.au
  
  Deputy Prime Minister Barnaby Joyce expects Christian Porter to one day return to the ministry after the latter's resignation over mystery legal money.
  
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• Jetty that could make Broome a 'significant logistics centre' misses second deadline

  20-09-2021 01:21 via abc.net.au
  
  A new floating jetty touted to revolutionise shipping to the north of WA has missed an already extended deadline and the state government is yet to grant a second extension.
  
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